#XAUUSD
On the 1-hour chart, #gold is approaching a key resistance zone.
Currently, the price is trading below the 4440-4460 resistance range, while the 4350-4380 area remains a significant support and demand zone.
Should the price break above 4460 and stabilize there, the current bearish structure would weaken, potentially shifting the focus to the 4630 resistance level.
Key Levels:
Resistance: 4440-4460
Support/ Demand: 4350-4380
Major Support: 4282
Higher Resistance: 4632.
#XAU/USD#
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